{"id":388432,"date":"2025-04-12T01:48:23","date_gmt":"2025-04-11T20:18:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-usd-rallies-past-1-3000-as-china-escalates-trade-war-with-us-crypto-news\/"},"modified":"2025-04-12T01:52:28","modified_gmt":"2025-04-11T20:22:28","slug":"gbp-usd-rallies-past-1-3000-as-china-escalates-trade-war-with-us-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-rallies-past-1-3000-as-china-escalates-trade-war-with-us-crypto-news\/","title":{"rendered":"GBP\/USD rallies past 1.3000 as China escalates trade-war with US &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD rallies past 1.3000 as China escalates trade-war with US<\/h2>\n<p>The Pound Sterling (GBP) extends its gains versus the US Dollar (USD) as the US-China trade war escalates, with Beijing imposing 125% tariffs on US goods. Trade policies continue to drive price action, with\u00a0economic data\u00a0taking a backseat. At the time of writing, GBP\/USD trades at 1.3067, up 0.77%. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-rallies-past-13000-as-china-escalates-trade-war-with-us-202504111522\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD climbs above 1.3100 on persistent USD weakness<\/h2>\n<p>After closing the third consecutive day in positive territory on Wednesday,\u00a0GBP\/USD\u00a0preserves its bullish momentum and rises about 1% on the day at around 1.3100. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-climbs-above-13100-on-persistent-usd-weakness-202504110943\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p>\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">UK GDP rebounds 0.5% MoM in February vs. 0.1% expected<\/h2>\n<p>The UK economy expanded in February, with the\u00a0<b><strong>Gross Domestic Product<\/strong><\/b>\u00a0(GDP) rebounding 0.5% after recording no growth in January, the latest data published by the Office for National Statistics (ONS) showed on Friday. The market forecast was for a 0.1% growth in the reported period.<\/p>\n<p>Meanwhile, the\u00a0Index of services (February) came in at 0.6% 3M\/3M versus January\u2019s 0.4%.<\/p>\n<p>Other data from the UK showed\u00a0that monthly Industrial and Manufacturing Production jumped by 1.5% and 2.2%, respectively, in February. Both readings better market expectations.<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/uk-gdp-rebounds-05-mom-in-february-vs-01-expected-202504110601\" target=\"_blank\"> Read More&#8230;<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD rallies past 1.3000 as China escalates trade-war with US The Pound Sterling (GBP) extends its gains versus the US Dollar (USD) as the US-China trade war escalates, with Beijing imposing 125% tariffs on US goods. Trade policies continue to drive price action, with\u00a0economic data\u00a0taking a backseat. At the time of writing, GBP\/USD trades at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":387354,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,641,255,250,252,247,253,249,308,256,254],"class_list":["post-388432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gbpusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/388432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=388432"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/388432\/revisions"}],"predecessor-version":[{"id":388433,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/388432\/revisions\/388433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/387354"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=388432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=388432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=388432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}